Result of AGM

RNS Number : 1285R

Balfour Beatty PLC

25 June 2020

 

Balfour Beatty plc (the 'Company')

AGM Results

25 June 2020

Balfour Beatty plc announces that, at its Annual General Meeting ('AGM') held on 25 June 2020, the resolutions set out in the Notice of AGM dated 1 June 2020 were passed following a poll on each resolution.

Resolutions 1 to 15 were passed as Ordinary Resolutions and Resolutions 16 to 18 were passed as Special Resolutions. The table below details votes cast on each resolution.

	Votes For	%	Votes Against	%	Votes Total	% of ISC Voted	Votes Withheld
Resolution 1: To adopt the Directors' Report and Accounts for the year ended 31 December 2019	495,032,232	94.58	28,356,328	5.42	523,388,560	75.88	10,612,926
Resolution 2: To approve the Directors' Remuneration Report for the year ended 31 December 2019	441,450,058	82.68	92,500,778	17.32	533,950,836	77.41	50,650
Resolution 3: To approve the Directors' Remuneration Policy for the year ended 31 December 2019	471,417,406	93.57	32,405,719	6.43	503,823,125	73.05	30,178,361
Resolution 4: To re-elect Mr P S Aiken AM as a Director	478,921,831	90.69	49,139,889	9.31	528,061,720	76.56	5,939,766
Resolution 5: To re-elect Dr S R Billingham as a Director	528,155,048	98.92	5,787,663	1.08	533,942,711	77.41	58,776
Resolution 6: To re-elect Mr S J Doughty CMG as a Director	528,116,184	98.91	5,825,652	1.09	533,941,836	77.41	59,651
Resolution 7: To re-elect Mr P J Harrison as a Director	530,073,742	99.28	3,858,648	0.72	533,932,390	77.41	69,097
Resolution 8: To re-elect Mr M A Lucki as a Director	530,346,849	99.33	3,583,199	0.67	533,930,048	77.41	71,439
Resolution 9: To elect Ms B J Moorhouse as a Director	528,736,081	99.03	5,205,202	0.97	533,941,283	77.41	60,204
Resolution 10: To elect Mr L M Quinn as a Director	522,670,670	97.89	11,274,256	2.11	533,944,926	77.41	56,561
Resolution 11: To elect Miss Anne Drinkwater as a Director	530,959,009	99.44	2,981,474	0.56	533,940,483	77.41	61,004
Resolution 12: To reappoint KPMG LLP as auditor	533,822,111	99.99	76,788	0.01	533,898,899	77.41	102,588
Resolution 13: To authorise the Directors to determine the remuneration of the auditor	533,888,561	99.99	53,048	0.01	533,941,609	77.41	59,878
Resolution 14: To authorise the Company and its UK subsidiaries to incur political expenditure	517,209,960	96.86	16,761,432	3.14	533,971,392	77.42	30,095
Resolution 15: To authorise the Directors to allot shares	516,261,008	96.69	17,676,947	3.31	533,937,955	77.41	63,532
Resolution 16*: To authorise the Directors to allot shares for cash on a non pre-emptive basis	525,720,240	98.46	8,223,964	1.54	533,944,204	77.41	57,283
Resolution 17*: To renew the authority for the Company to purchase its own ordinary shares	500,587,459	94.27	30,404,666	5.73	530,992,125	76.98	3,009,361
Resolution 18*: To authorise the Company to hold meetings, other than an Annual General Meeting, on 14 clear days' notice	511,977,239	95.88	21,993,419	4.12	533,970,658	77.42	30,829

 * Special Resolution

Notes:

1.  The percentages above are rounded to two decimal places.

2.  A vote withheld is not a vote in law and is not counted in the calculation of votes 'For' and 'Against' a resolution.

3.  The total number of Ordinary Shares of 50p each in the Company in issue at close of business on 23 June 2020 was 689,739,619, each carrying one vote.

In accordance with Listing Rule 9.6.2R, copies of each of Resolutions 14 to 18 will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Please do not hesitate to contact [e-mail] should you have any queries regarding this announcement. Please note that this email address will be deactivated one week after conclusion of the AGM.

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

 

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